Abu Dhabi: ADNEC Group has developed a new strategy to enhance its carbon emissions reduction efforts. The new plan reinforces the Group’s commitment to sustainability across all seven of its business units.
The comprehensive strategy includes a series of initiatives focused on attaining climate neutrality by 2045, one step ahead of the UAE’s original 2050 goal.
The strategy defines future priorities related to environmental sustainability, such as energy management, recycling, carbon footprint, and social sustainability issues, including sustainable community impact and effective involvement of community institutions. The plan further includes governance-related issues, including effective corporate governance, empowerment, professional development, and relationships with partners.
“In doing so, we contribute to achieving the UAE’s efforts regarding climate neutrality and advancing the economic development of the emirate of Abu Dhabi in the business and leisure tourism sectors,” Mr. Al Dhaheri added.
The strategy was developed by incorporating industry best practices and conducting extensive global benchmarking studies. It is aligned with global policies in sustainability, such as the United Nations Sustainable Development Goals and the Paris Declaration, as well as UAE sustainability policies and strategies, such as the Energy Strategy 2030, the Green Agenda, the National Plan for Climate Change, and the Environmental Vision 2030.
The ambitious plan encompasses a set of transformational initiatives, such as carbon emission reduction projects, which include operations efficiency, energy optimization, waste management, and recycling. It also includes projects and initiatives to enhance societal impact, the work environment, and productivity.
In addition, the initiatives portfolio covers best practices in corporate governance, including achieving results, resource management, integrity, transparency, succession planning, and internal audit.